Are the National Minimum Wage bandings changing in 2024?

The chancellor has confirmed that the National Living Wage (NLW) will be £11.44 per hour from 1 April 2024. From that date, the age bandings of the minimum wage structure will be altered. The highest band of the structure (the NLW) will be opened up to include workers aged 21 and 22 for the first time. Until April 2024, the NLW is the legal minimum rate per hour for those aged 23 and over.

This expansion means that there will no longer be a “20–21-year-old” banding. The other bandings will remain the same. The rate payable to those aged 18–20 will increase to £8.60 per hour, up from £7.49. For those over compulsory school age but not yet 18, apprentices under 19 and apprentices 19 and over but in the first year of their apprenticeship, the minimum pay will be £6.40 per hour, up from £5.28.